Veniam raises $22M to bring Wi-Fi to buses and cabs, will expand to Singapore next | Global Services Media

Veniam, which provides mesh network for automobiles, has raised a $22 million Series B round to bring Wi-Fi hotspots to more vehicles. The latest investment includes funding from Verizon Ventures, Cisco Investments, Orange Digital Ventures*, Yamaha Motor Ventures, True Ventures, Union Square Ventures, and Cane Investments. The company plans on using the funds to bring its platform and managed services to more of the world, moving beyond its initial market in Portugal.